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Facebook Likely to Use Stablecoins Pegged to Fiat for its Libra Project
21.10.2019
Facebook’s Libra project has been abuzz with new updates quite frequently in recent times. According to the recent reports dated October 20, 2019, Facebook is contemplating to utilize stablecoins pegged to a national currency for its digital currency Libra. Talking at a banking seminar, Facebook’s...
What Role Should Central Banks Have Launching Stablecoins Like Libra?
21.10.2019
Facebook wasn’t prepared for the backlash associated with Libra. But should central banks have a role in helping the stablecoin launch — and if so, what? #Sponsored
Indian Finance Minister Answers Crypto Questions at IMF Meeting
21.10.2019
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court...
Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins
21.10.2019
Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate
McAfee Champions Importance of Stablecoins for Decentralized Exchanges
21.10.2019
Decentralized exchange users should store value in stablecoins, not fiat, argues John McAfee
Report: Facebook Could Use Fiat-Pegged Stablecoins for Libra
20.10.2019
Calibra CEO David Marcus reportedly said that Libra would be open to using national fiat-pegged stablecoins at a banking seminar on Sunday
G20 Finance Leaders: Stablecoins Present Serious Regulatory Risks
19.10.2019
The G20 nations agree that global stablecoins present serious public policy and regulatory risks
FATF Joins BIS In Calling Stablecoins ‘Global Risk,’ Citing Money Laundering Concerns
18.10.2019
Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday
FATF Raises Money Laundering Concerns Over Libra and Stablecoins
18.10.2019
FATF joins other authorities voicing concerns about Facebook’s Libra
ECB Executive Board Member Says There is a Requirement of ‘Highest Regulatory Standards’ on Stablecoins
18.10.2019
Benoit Coeure, the respectable Executive Board Member of the European Central Bank, has urged a need for a stringent supervisory framework for governing digital currencies and stablecoin projects like Facebook’s Libra, stated a report by Bloomberg on Thursday, i.e., October 17. Mr. Benoit in...
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7
18.10.2019
A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability
This Popular Tourism Area Will Soon Test a Local Cryptocurrency
18.10.2019
Mitsubishi Research Institute and an Osaka-based railway company are issuing a local cryptocurrency for use in a popular tourist area in Japan
G7 Task Force Releases Full Report on Impact of Global Stablecoins
18.10.2019
Stablecoins could present a significant risk to global financial stability but hold promise for payment systems, says G7 report
WATCH: How JET8 Is Injecting Crypto Into the Social Media Value Chain
18.10.2019
Jet8 is taking a new approach to social media and data ownership using blockchain
Switzerland’s Swiss Federal Council To Scan The Stablecoins and Blockchain Projects
17.10.2019
The globally reputed regulatory organization, the Swiss Federal Council has revealed its intentions to continue keeping a sharp scrutinizing eye on the development of new digital technologies like blockchain and stablecoin projects uprooting in different corners of the world. According to a news...
Swiss Federal Council Continues to Monitor Stablecoins and Blockchain
16.10.2019
The Swiss Federal Council is keeping close tabs on global stablecoin projects and their possible opportunities and challenges
Bermuda Now Accepts USDC Crypto for Taxes and Government Services
16.10.2019
Bermuda announced Wednesday it will accept payments in the USDC stablecoin "for taxes, fees and other government services."
G20 Informed Stablecoins Could Pose Financial Stability Risk
16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...
G7 Evaluates Stablecoins as Risk to Global Financial Stability
14.10.2019
The world’s biggest economies are assessing stablecoins as a potential risk to the global financial system, said the Financial Stability Board
Report: G7 Says ‘Global Stablecoins’ Pose Threat to Financial Stability
14.10.2019
The G7 has released a report claiming that “global stablecoins” could pose a threat to global financial stability